European Stocks Fall at The Beginning of Trading, With Global Stock Market Losses

European shares fell at the beginning of Wednesday’s trading, led by shares of food and beverage companies and with global stock markets losses.

Economic data in the UK revealed that inflation rose to a 30-year high in December at 5.4%, exceeding analysts’ expectations of 5.2%.

“We’re hearing a lot of people suggest that omicron is the last variant, that it’s over after this. And that is not the case because this virus is circulating at a very intense level around the world,” Maria Van Kerkhove, the WHO’s Covid-19 technical lead, said during a coronavirus update in Geneva.

In terms of trading, the “STOXX 600” index fell by 0.58% at 477 points, while the French “CAC” rose 0.26% to record 7,152 points.
The German Dax fell by 0.87% at 15,636 points, while the British “FTSE” fell 0.46% to 7,528 points.